The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-01-06
Miscellaneous Notes.

Last year the Atchison system paid GO Der
cent of all railroad dividends of roads reporting
to the Kansas commission
The Kansas, Nebraska & Dakota railway has
been completed from Fort Scott to Topeka and
trains will be running soon.
General Superintendent j. A. Fillmore. of the
Southern Pacific company, has issued an official
announcement of the opening of the California
q Oregon tc Edgwood.
The Keystone Bridge Company, of Pittsbure.
has taken a contract for the euperstructure of
the new iron bridge over the Mississippi at St
Paul, MIMI. tor the Chicago, Milwaukee and st.
Paul road
The Illinois Secretary of State has issued a
certificate of incorporation to the Chicago &
Southeastern Railway Company which proposes
to construct a railroad from Chicago to a point
on the Indiana State line in the township of
Thornton, Cook county.
The Reading Railroad Company has refused
TO renew Its contracts with the Union News
Company. and will hereafter reserve for itself
the rights which it has heretofore rented to the
news company. The department will be in
charge of George R. Marsh.
The Cincinnati & Eastern railroad. running
from Cincinnati to Portsmouth. O. was sold yes
terday by order of court to the Ohio e North
western Railway Company, for 81, 000, 000 This
company owned large part of the first and
second mortgage bonds Of the road,
The Springfield Republican says "The era of
liquidation in merchandise, as we'll as in rail
road securities and in nearly everv form of in
vestment, Is over. Valuations have been cut
down to such an extent that very few people are
overestimating the value of their property to-
day."
The Chicago & Grand Trunk, and the Detroit.
Grand Haven q Milwaukee roads have adopted
the system of United States weather signals
and are now carrying them on their local dav
trains. The flags are four in number and the
signals are such as to denote every change in the
weather
The iron market is great pulse of trade. The
fact that the Carnegies intended building an
other steel mill to cost 81 900 00O is an encour-
aging one-showing, as 1t does, acknowledgements
of the country require more of our great staple.
When railroads are building there must be pros
perity some place.
United States Senator Plumb has bought The
Atlanta q Danville railroad, which runs from
Claremont to Belield, a distance of over fftv
miles. A large force of laborers wera put to
work on Monday to extend the road from Bel
field to Danville. 125 miles. The track will be
the standard gauge
If the Baltimore & Ohio builds its proposed
line to New York, it is suggested that it should
make an elevated road on which through trains
could travel without slowing up at grade cross
ings and while running through cities. On such
road, properly built, trains could be run be-
tween the two cities in an hour and a-half; and
in the near future this time could be re-
transit
A Baltimore & Ohio official is quoted as saw
ing 'Rail-laying has been stopped between the
Susquehanna river and Baltimore On the double
track, because we do not know what facilities
We are going to have in getting to New York
If we are to be forced into using the tracks of
the Pennsylvania railroad to New YORK until we
can get line of our own built. because the
Reading won't accommodate our business, there
is no use OF our perfectng the road for the pres
ent."
The annual meeting Of the stockholders of the
Cleveland s. Pittsburg railroad was held yester-
day. The following board Of directors was
elected: J. n. Mccullough, B. F. Jones, Pitts
burg Geo B. Roberts. William Bucknel, Phil
adelphia; Charles Lanier, William O. Egeeston.
New York; p. A. Ferguson, Cincinnati; ]. v.
Painter, E. R. Perkins, r. P. Ranney, R. F.
Smith. Cleveland, and W. w. Holloway. Bridge
port, y. The report for the year showed the re-
ceipts to have been 81, 289 927 and the disburse-
ments 81, 289, lag.